Quote:
Originally posted by slavdogg
are Renegotiable loans something new ??
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Sort of if you are in Canada you have probably seen the commercial for Scotia banks long/short mortgage.
The one where the husband and wife are arguing weather they should go long or short on their mortgage
That the renegotiable mortgage
Technically it just the combination of a fixed and a variable rate mortgage that is convertable one time (most people will convert the variable part)